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Joost de Valk

๐Ÿ‘ค Speaker
160 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

We suck at keeping it low, which is one of our focuses.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

So we've only recently switched to subscriptions.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

It was a manual renewal for far too long.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

So for far too long, our term was at like 70%.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

Annually?

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

But at the same time, we were...

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

We're now seeing that for people who have subscriptions, the first bunch of people that signed up to a subscription are now over a year in.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

And for them, we only have like 15%.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

And if we can get it to that, then at that point, that's where you really become big.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

There's far too much friction there.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

No, because Europe and a lot of privacy laws and a lot of things that we have to keep in mind in terms of what we can store.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

So it took a while for us to settle that up in a proper way.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

And also we were too lazy for too long.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

So what you get when you have a fast growing company, you have to focus your effort somewhere and then you figure out, oh shit, we should have done this a long time ago.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

zero we don't spend money on marketing um so we what what we do because we have a blog team and we we so we do a lot of basically all of what we do is inbound marketing and a lot of our uh getting new users is based on our wordpress.org

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

Um, the WordPress or plugin repository where people start searching for SEO plugins and then they find us and we're the highest rated, most used SEO plugin and they install it and go from there.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

So, and then it's just good user experience and people talking to each other.

SaaS Interviews with CEOs, Startups, Founders
1750 With $12m in ARR Yoast CEO Says Wordpress Couldn't Afford to Acquire

No, but it's also we're not necessarily running it just to make money.